Kasikornbank (KBank) will on Thursday (February 6) reduce its minimum retail rate for SMEs and individual customers to 6.62 per cent from 6.87 per cent.
The Small and Medium Enterprise Development Bank (SME D Bank) has cut its minimum retail rate (MRR) by 0.125 percentage point since November 15, deputy managing director and acting managing director Nartnaree Rathapat said.
Thanachart Bank announced today (November 19) that it would cut its Minimum Retail Rate (MRR) lending rate to 7.150 per cent from 7.500 per cent, effective December 1.
Siam Commercial Bank (SCB) will adhere to Bank of Thailand policy announced on Wednesday (November 7) and lower its policy rate from 1.5 to 1.25 per cent starting on Friday.
BAAC brings down its MRR, MOR to ease burden on farmers, SMEs
TUESDAY, AUGUST 20, 2019
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has cut its minimum retail rate (MRR) by 0.125 per cent and its minimum overdraft rate (MOR) by 0.25 per cent from August 20 onwards, the bank’s president Apirom Sukprasert said.
TMB Bank Plc on Friday (August 16) joined other major banks in cutting its loan interest rates. The bank cut the Minimum Overdraft Rate (MOR) and Minimum Retail Rate (MRR) by 0.25 of a percentage point, effective from September 1.
Four banks cut loan interest rates in bid to lift economy
WEDNESDAY, AUGUST 14, 2019
Four major banks on Wednesday (August 14) cut their MRR (Minimum Retail Rate) by 0.25 percentage point, effective from Thursday (August 15), to help lower the financial costs of small and medium enterprises (SMEs), increase their competitiveness and support the Thai economy.